Lawyers Title Market Report

Apache Junction, AZ

Single-Family Homes

Lawyers Title Arizona | www.LawyersTitleArizona.com | 602.257.2600



Apache Junction, AZ

Fri Apr 19 2019
This week the median list price for Apache Junction, AZ is $246,450 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 144. Click here to stay informed with the Apache Junction market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Apache Junction, AZ

Fri Apr 19 2019
This week the median list price for Apache Junction, AZ is $246,450 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 144. Click here to stay informed with the Apache Junction market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Apache Junction market.
Median List Price $246,450
Per Square Foot $166
Days on Market 87
Price Decreased 29%
Price Increased 6%
Relisted 3%
Inventory 144
Median House Rent $899
Most Expensive $975,000
Least Expensive $49,900
Market Action Index
Slight Seller's Advantage
40

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$554,950 2,862 1 - 2.5 acres 4 3 18 0 1 172
$325,000 1,936 0.5 - 1 acre 3 2 22 5 3 72
$225,450 1,562 4,500 - 6,500 sqft 3 2 17 3 3 49
$195,950 1,221 0 - 4,500 sqft 3 2 24 7 3 55